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Technology Stocks : NANO
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To: Christopher Brainard who wrote (2262)3/10/2004 2:11:28 PM
From: geoffrey Wren   of 2272
 
Almost totally out of NANO now. Sold a little right at the peak, but more on the way up and on the way down, including today. Average sale at about $16.

NANO was very good to me. I wouldn't say it was 100% hype now. I mean, it might be that the name is just right, and there are a lot of people misunderstanding their products, but that seems odd. I think it likely that they have some good new chip-making tools, but I don't see how they make serious money on them before the next tech downturn. My disappointment with them is that they report selling equipment for manufacturing of flat panels, but have nothing to show for it.
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